Truist Securities Downgrades UiPath to Hold, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has downgraded UiPath (NYSE:PATH) from Buy to Hold and lowered its price target from $32 to $14.
May 30, 2024 | 12:03 pm
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NEGATIVE IMPACT
Truist Securities downgraded UiPath from Buy to Hold and significantly lowered the price target from $32 to $14.
The downgrade from Buy to Hold and the significant reduction in the price target from $32 to $14 by Truist Securities is likely to negatively impact investor sentiment and the stock price of UiPath in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100